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(c) Baldwin Technology Company Inc.
08.02.2023

Majocchi uses Baldwin’s Corona Treatment Technology

Majocchi, an Italian textile manufacturer, reports that it has achieved functional and visual appeal with its key fabrics since installing Baldwin Technology Co. Inc.’s corona surface treatment technology.  

Based in Tavernerio (Como), Majocchi has a history of being a technological innovator in the textile industry. Within a decade of its conception in 1941, Majocchi became a global supplier of waterproof cotton for rainwear manufacturers. In the 1960s, the company began producing nylon and technical fabrics, which paved the way for it to become a leading provider of textiles for urban fashion, technical workwear and the military today.

Majocchi has partnered with U.S -based Baldwin Technology Co. to utilize its unrivaled corona surface-treatment technology to produce superior wettability and adhesion.  

Majocchi, an Italian textile manufacturer, reports that it has achieved functional and visual appeal with its key fabrics since installing Baldwin Technology Co. Inc.’s corona surface treatment technology.  

Based in Tavernerio (Como), Majocchi has a history of being a technological innovator in the textile industry. Within a decade of its conception in 1941, Majocchi became a global supplier of waterproof cotton for rainwear manufacturers. In the 1960s, the company began producing nylon and technical fabrics, which paved the way for it to become a leading provider of textiles for urban fashion, technical workwear and the military today.

Majocchi has partnered with U.S -based Baldwin Technology Co. to utilize its unrivaled corona surface-treatment technology to produce superior wettability and adhesion.  

Corona treatment is a technique that temporarily modifies a substrate’s surface tension  properties. The corona oxidation process improves the penetration and absorption of liquids on cellulosic and synthetic fabrics. Utilizing corona treatment before resin application on fabrics such as lycra and nylon facilitates superior adhesion and resin distribution. As a result, corona-treated fabrics provide exceptional color and tonal quality.  

Majocchi uses Baldwin’s Corona Pure Model to apply polyurethane and acrylic-based coatings to its fabrics. The system allows Majocchi to administer a controllable, uniform coating to achieve the desired functionality and aesthetics.

The system is 2,000 millimeters wide with a discharging station and four ceramic electrodes designed for textile applications with the flexibility of customizing plasma dosage for a given fabric structure, width and process speed. The Corona Pure model allows for fabric treatment up to 300 gr/m² in thickness. The system is customizable, with single-sided and dual-sided treatment capabilities. The “Easy Change” feature allows for a seamless replacing of electrodes and rapid cleaning and removal of fiber and dust residue, maintaining optimal exhaust air flow. The treatment system is built with a swiveling housing mechanism, which provides clearance for changes in textile thickness and protects the ceramic electrodes.

Weitere Informationen:
Baldwin Majocchi Coatings Covid-19
Quelle:

Baldwin Technology Company Inc.

20.10.2022

Akzo Nobel N.V. publishes results for Q3 2022

Highlights Grow & Deliver (compared with Q3 2021)

  • Revenue up 19% and 14% higher in constant currencies1, pricing up 13%
  • ROS2 at 6.4% (2021: 10.0%), resulting from lower volumes and higher raw material and freight costs, as well as inflation on operating expenses
  • Adjusted EBITDA at €283 million (2021: €325 million)
  • Q4 2022 adjusted operating income expected below €150 million

Highlights Q3 2022 (compared with Q3 2021)

Highlights Grow & Deliver (compared with Q3 2021)

  • Revenue up 19% and 14% higher in constant currencies1, pricing up 13%
  • ROS2 at 6.4% (2021: 10.0%), resulting from lower volumes and higher raw material and freight costs, as well as inflation on operating expenses
  • Adjusted EBITDA at €283 million (2021: €325 million)
  • Q4 2022 adjusted operating income expected below €150 million

Highlights Q3 2022 (compared with Q3 2021)

  • Pricing up 13%, offsetting the increase of raw material and other variable costs. Volumes 5% lower, mainly due to destocking in the distribution channels in Decorative Paints in Europe and in Performance Coatings, as well as lower market demand in China
  • Operating income at €168 million (2021: €226 million), includes €16 million negative impact from Identified items (2021: €15 million net negative impact) and €17 million negative from the retrospective hyperinflation impact of the first half-year of 2022. OPI margin 5.9% (2021: 9.4%)
  • Adjusted operating income3 at €184 million (2021: €241 million); excluding the retrospective impact of hyperinflation accounting at €201 million
  • Net cash from operating activities decreased to an inflow of €126 million (2021: inflow of €290 million)
  • Net income attributable to shareholders at €84 million (2021: €164 million)
  • EPS from total operations at €0.48 (2021: €0.89); adjusted EPS from continuing operations at €0.57 (2021: €0.93)
  • Interim dividend of €0.44 per share (2021: €0.44 per share)

AkzoNobel CEO, Thierry Vanlancker, commented: “Our €201 million adjusted operating income excluding the retrospective impact of hyperinflation accounting bring our Q3 results in line with the market update issued at the end of September. Sharply increased macro-economic uncertainties negatively impacted consumer confidence. This resulted in destocking across several distribution channels in decorative paints Europe and performance coatings, while the market in China was impacted by the ongoing zero COVID-19 policy. Thanks to the strong commitment of our teams, we continue to offset the impact of raw material and freight cost inflation with pricing. We’ve now delivered cumulative pricing of 22% over the last two years. The macro-economic turbulence is expected to continue well into next year. We’ve therefore decided to suspend our targets for 2023 and will provide further guidance when announcing our full-year 2022 results. In the meantime, we will continue to focus on our margin management and cost reduction initiatives.”

Weitere Informationen:
AkzoNobel financial year 2022 Coatings
Quelle:

AkzoNobel

20.07.2022

AkzoNobel publishes results for second quarter 2022

Akzo Nobel N.V.  publishes results for second quarter 2022

Highlights Grow & Deliver (compared with Q2 2021)

  • Revenue up 14% and 10% higher in constant currencies1, pricing up 16%
  • ROS2 at 8.7% (2021: 13.3%), resulting from lower volumes and continued raw material and freight costs inflation
  • Adjusted EBITDA at €337 million (2021: €419 million)
  • Acquisition of Grupo Orbis completed in April 2022. Intended acquisition of Kansai Paint’s business in Africa announced in June 2022. Intended acquisition of the liquid wheel coatings business of Germany-based Lankwitzer Lackfabrik GmbH announced in July 2022

Highlights Q2 2022 (compared with Q2 2021)

Akzo Nobel N.V.  publishes results for second quarter 2022

Highlights Grow & Deliver (compared with Q2 2021)

  • Revenue up 14% and 10% higher in constant currencies1, pricing up 16%
  • ROS2 at 8.7% (2021: 13.3%), resulting from lower volumes and continued raw material and freight costs inflation
  • Adjusted EBITDA at €337 million (2021: €419 million)
  • Acquisition of Grupo Orbis completed in April 2022. Intended acquisition of Kansai Paint’s business in Africa announced in June 2022. Intended acquisition of the liquid wheel coatings business of Germany-based Lankwitzer Lackfabrik GmbH announced in July 2022

Highlights Q2 2022 (compared with Q2 2021)

  • Pricing up 16%; offsetting the increase of raw material and other variable costs. Volumes 9% lower
  • Operating income at €205 million (2021: €384 million), includes €44 million negative impact from Identified items (2021: €49 million net positive impact). OPI margin 7.2% (2021: 15.3%)
  • Adjusted operating income3 at €249 million (2021: €335 million)
  • Net cash from operating activities decreased to negative €52 million (2021: positive €168 million)
  • Net income attributable to shareholders at €106 million (2021: €261 million)
  • EPS from total operations at €0.60 (2021: €1.40); adjusted EPS from continuing operations at €0.84 (2021: €1.20)
Weitere Informationen:
AkzoNobel Coatings
Quelle:

AkzoNobel

14.06.2022

AkzoNobel updates Q2 outlook based on impact of China lockdowns

AkzoNobel has updated its Q2 outlook based on the impact of the evolving business environment, including the effect of China lockdowns and the slower start to the EMEA DIY season.

Overall demand signs for paints and coatings remain robust, with North America still constrained in raw material availability and logistics, but sequentially improving. In Europe in particular, macro-economic uncertainty related to consumer confidence has increased.

Consumer demand in the Deco DIY channels in Europe – which represent 40% of total Deco EMEA revenue – got off to a slow start in Q2, subsequently impacted by inventory reductions in the DIY channel. In June, Deco DIY channel demand improved back to 2019 levels. Despite share gains and our Deco Professional business performing as anticipated, the total Q2 operating income for our Decorative Paints segment is expected to be down by approximately €50 million versus expectations entering the second quarter.

AkzoNobel has updated its Q2 outlook based on the impact of the evolving business environment, including the effect of China lockdowns and the slower start to the EMEA DIY season.

Overall demand signs for paints and coatings remain robust, with North America still constrained in raw material availability and logistics, but sequentially improving. In Europe in particular, macro-economic uncertainty related to consumer confidence has increased.

Consumer demand in the Deco DIY channels in Europe – which represent 40% of total Deco EMEA revenue – got off to a slow start in Q2, subsequently impacted by inventory reductions in the DIY channel. In June, Deco DIY channel demand improved back to 2019 levels. Despite share gains and our Deco Professional business performing as anticipated, the total Q2 operating income for our Decorative Paints segment is expected to be down by approximately €50 million versus expectations entering the second quarter.

COVID-19 lockdowns in China during Q2 impact both paints and coatings. This impact was mainly on our coatings business, while paints was able to almost offset by progressing with its geographical expansion initiatives. The re-opening in June is showing a positive rebound, but not enough to catch up on all the missed revenue in the quarter, resulting in a negative operating income impact of approximately €40 million for the quarter, versus expectations entering Q2.

AkzoNobel continues to focus on achieving its €2 billion adjusted EBITDA target for 2023, despite the volatile market environment having a material impact on the company’s Q2 2022 financials.

Weitere Informationen:
AkzoNobel Coatings Covid-19
Quelle:

AkzoNobel

16.09.2021

Finavia: Antibacterial Coating Solution at Airport

Airport company Finavia will start using Finnish technology company Nanoksi Finland Oy’s coating solution at Helsinki Airport. The coating can be used to remove viruses and bacteria from airport surfaces and furniture.

“We are continuously keeping track of new methods and products to ensure a high level of hygiene at the airport. This nanotechnology-based coating, which is sprayed on contact surfaces and furniture, makes it easier to keep surfaces clean. The coating destroys pathogens with the help of light and air,” says Sami Kiiskinen, Finavia’s Vice President, Airport Development for Helsinki Airport.

The coating is sprayed on targets such as check-in counters, machines, departure gates and toilet facilities. The coating lasts for a long time, even though the furniture is wiped several times a day.

Airport company Finavia will start using Finnish technology company Nanoksi Finland Oy’s coating solution at Helsinki Airport. The coating can be used to remove viruses and bacteria from airport surfaces and furniture.

“We are continuously keeping track of new methods and products to ensure a high level of hygiene at the airport. This nanotechnology-based coating, which is sprayed on contact surfaces and furniture, makes it easier to keep surfaces clean. The coating destroys pathogens with the help of light and air,” says Sami Kiiskinen, Finavia’s Vice President, Airport Development for Helsinki Airport.

The coating is sprayed on targets such as check-in counters, machines, departure gates and toilet facilities. The coating lasts for a long time, even though the furniture is wiped several times a day.

The effectiveness of the Fotonit® photocatalytic coating developed by Finnish nanotechnology company Nanoksi Finland Oy has been confirmed by research at the University of Tampere. Photocatalysis can destroy 98% of pathogens such as influenza viruses in two hours. The coating has been awarded the Key Flag Symbol as an indication of its high domestic content.

AFFIX Labs/Franz Kiel GmbH: Anti-microbial coating for transportation industry (c) AFFIX Labs
22.04.2021

AFFIX Labs/Franz Kiel GmbH: Anti-microbial coating for transportation industry

AFFIX Labs’ durable semi-permanent surface coating Si-Quat, that is proven to kill 99.9% of bacteria and viruses, including SARS-COV-2, will be helping to make public transport safer as people around the world begin getting back onto buses and trains.

Si-Quat helps to prevent cross contamination with a durable layer of polymerized active ingredient that binds to walls, handles, furniture, and other key touch points, staying in place for up to 12 months and killing 99.9% of viruses and bacteria that come into contact with the treated surface. The coating has been tested and certified to be effective against bacteria, viruses, and fungi, and has passed the rigorous EN45545-2 HL3 flammability norm for trains and REG118.3 for busses.

Kiel has been manufacturing seating for public transport globally for more than 75 years and will be offering Si-Quat to clients as a new solution to protect travellers on their transport networks. With Si-Quat already registered on several continents a quick roll out is truly achievable.

AFFIX Labs’ durable semi-permanent surface coating Si-Quat, that is proven to kill 99.9% of bacteria and viruses, including SARS-COV-2, will be helping to make public transport safer as people around the world begin getting back onto buses and trains.

Si-Quat helps to prevent cross contamination with a durable layer of polymerized active ingredient that binds to walls, handles, furniture, and other key touch points, staying in place for up to 12 months and killing 99.9% of viruses and bacteria that come into contact with the treated surface. The coating has been tested and certified to be effective against bacteria, viruses, and fungi, and has passed the rigorous EN45545-2 HL3 flammability norm for trains and REG118.3 for busses.

Kiel has been manufacturing seating for public transport globally for more than 75 years and will be offering Si-Quat to clients as a new solution to protect travellers on their transport networks. With Si-Quat already registered on several continents a quick roll out is truly achievable.

Quelle:

EMG